Eeach Year UK Banking Customers Receive Nearly 40,000 Tons Of Paper From Banks
- 9 years 3 months ago
- Banking
UK banking customers receive almost 40,000 (39,899) tons of paper communications from their banks every year, new research has found. Digital financial services software provider Intelligent Environments has found that customers are sent more than 1.2 billion (1,276,776,000) paper communications from their bank each year, including letters and statements. If all letters were stacked up, the pile would reach the equivalent of 6,200 times the... more
Fintellix to Demonstrate Advanced ALLL Management Product at the 2015 ABA CFO Exchange, Nashville, TN
- 9 years 3 months ago
- Banking
Fintellix will be sponsoring this year’s annual American Bankers Association CFO Exchange. Scheduled to be held from June 8 – 10 at the Hilton Downtown in Nashville, Tennessee the conference will educate community bank CFOs about accounting rules, economic trends, financial metrics, portfolio management, and more.
Nomis 4.6 Increases Active Market Signal Response
- 9 years 3 months ago
- Retail Banking
Nomis Solutions today announces the release of Nomis 4.6, the latest version of their feature-rich price optimization suite, which enables banks to utilize actionable insight to react more quickly in today’s dynamic financial services market.
SWIFT Opens Office In Miami As Part Of Its Growth Strategy For Latin America
- 9 years 4 months ago
- Wholesale Banking
SWIFT announces the opening of its new Latin American regional headquarters office in Miami, Florida to support the growth of the company’s operations in the region. In the last few years, Miami has become a financial hub with the largest concentration of domestic and international banks on the East Coast south of New York, much of which are regional headquarters for their Latin American operations.
Sberbank Unseats VTB Capital Atop Institutional Investor's All-Russia Research Team
- 9 years 4 months ago
- Banking
Last year VTB Capital knocked Sberbank CIB out of the top spot on the All-Russia Research Team, Institutional Investor's exclusive annual ranking of the nation's best sell-side analysts. This year Sberbank returns the favor.
Schroders Signs Up Contrat With Calastone Net Payments Hub
- 9 years 4 months ago
- Private Banking
Calastone, the global funds transaction network, today announced that Schroders, the global asset management company, is now a participant of the Calastone Net Payments Hub, the STP settlement service offering matched netting and the Barclays payments service.
Vermilion Selected To Streamline Reporting At Jyske Bank
- 9 years 4 months ago
- Wholesale Banking
Vermilion Software (‘Vermilion’), the leading global supplier of client reporting and communications software, announces that it has signed terms with leading Danish private bank, Jyske Bank A/S (‘Jyske Bank’).
Bancolombia hands over the operation of self-service systems to Wincor Nixdorf
- 9 years 4 months ago
- Retail Banking
Wincor Nixdorf has received a three-year contract from Bancolombia for the operation of its 1,160 self-service systems. The bank also ordered 800 ProCash 280 automated teller machines.
Digital payments are picking up in Singapore
- 9 years 4 months ago
- Mobile Banking
According to a new Timetric report, digital payments are gaining prominence in Singapore supported by the rising online and smartphone penetration, consumer preference for convenient payments and the presence of an increasing number of online retailers. With the introduction of payment methods such as PayDollar, Fastacash, PayPal, MOLPoints and MasterPass, the digital payments are expected to increase further and supplement the traditional... more
Gulf Capital Receives Dual Recognition for “Best Credit Fund” and “Best Private Equity Firm” in the Middle East at the Banker Middle East Industry Awards
- 9 years 4 months ago
- Banking
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, received dual recognition at the Banker Middle East Awards yesterday when its flagship GC Credit Opportunities Fund I was voted as the “Best SME Credit Fund” in MENA and when the firm received the “Best Private Equity Firm” accolade for the 5th year in a row.
Finesse and Fintellix to showcase Fintellix's Multi-country Banking Regulatory Compliance Product at ABTEC 2015, Abu Dhabi.
- 9 years 4 months ago
- Banking
ABTEC is the largest and most prestigious event that convenes the entire financial technology community from across the Middle East and North Africa (MENA) region. Featuring industry-leading conferences, a tightly focused trade exhibition and much more, ABTEC is a definitive platform where top decision-makers share insights with technology providers and collaborate to rethink financial services. Year after year, ABTEC attracts the financial... more
Visa bids to streamline integration between mobile tech companies and banks
- 9 years 4 months ago
- Online Banking
Visa Inc. (NYSE:V) today announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services.
Mobile Fintech Investment Increasing
- 9 years 4 months ago
- Mobile Banking
Fintech may be all the rage, but it is in the mobile arena where the biggest bets are being placed, with over $1.1 billion raised globally across 58 financings in Q1 alone, according to data from CB Insights.
IBM To Launch New Predictive Analytics Suite
- 9 years 4 months ago
- Retail Banking
IBM today announced 20 new industry-specific solutions with pre-built predictive analytics capabilities that will make it easier and faster for organizations across industries like retail, banking, telecommunications, insurance and others, to uncover and act on critical business insights.
ING Netherlands unveils mobile banking app for SmartWatch
- 9 years 4 months ago
- Mobile Banking
ING Netherlands introduces a Mobile Banking app for the smartwatch (only in Dutch) today. It’s ING’s third innovation of the Mobile Banking app in less than a year: in September 2014 hands-free banking with voice recognition was launched and fingerprint authentication was introduced in March this year. ‘Wearables’ like the smartwatch are the latest trend and make it possible to check your account balance even faster by just looking on your... more
